Back to www.cobrasmarketview.com

   

02/06/2018 Live Update

Re: 02/06/2018 Live Update

Postby Junior Buffett » Tue Feb 06, 2018 11:57 am

can anyone suggest some ETFs for indexes? Canadian thank you
User avatar
Junior Buffett
 
Posts: 1078
Joined: Mon Apr 15, 2013 4:39 pm

Re: 02/06/2018 Live Update

Postby Trades with cats » Tue Feb 06, 2018 11:59 am

ES 03-18 (30 Min)  2_6_2018.jpg

Fibs on a 30 minute chart. Start makes a difference.
Trades with cats
 
Posts: 7900
Joined: Sat Oct 11, 2014 4:40 pm

Re: 02/06/2018 Live Update

Postby K447 » Tue Feb 06, 2018 12:02 pm

Junior Buffett wrote:...of course on Canadian side..

Say what?
K447
 
Posts: 658
Joined: Fri Aug 26, 2011 10:43 am

Re: 02/06/2018 Live Update

Postby Trades with cats » Tue Feb 06, 2018 12:08 pm

ES 2640 is the balance point today. It is also towards the the top of the overnight trading so most of the London/Frankfurt crowd is green for the day if they played the long side. Shorts made book following the usual rules of closing out an hour before the New York open, (ES 2577) as that seems to be a second overnight low more often than not.
Trades with cats
 
Posts: 7900
Joined: Sat Oct 11, 2014 4:40 pm

Re: 02/06/2018 Live Update

Postby Al_Dente » Tue Feb 06, 2018 12:16 pm

posted last night; re-post here:
2/5 NY new lows 452 (Monday, dow down -1178 points). When was the last time we had so many lows? Feb 2016
2/2 NY new lows 338 (Friday, dow down -666 points)
2/1 NY new lows 131
1/31 NY new lows 114
1/30/ NY new lows 251
1/29 NY new lows 204, the warning signal
User avatar
Al_Dente
 
Posts: 22374
Joined: Thu Jul 21, 2011 2:29 pm

Re: 02/06/2018 Live Update

Postby K447 » Tue Feb 06, 2018 12:23 pm

Junior Buffett wrote:can anyone suggest some ETFs for indexes? Canadian thank you

Why Canadian ?

RRSP and TFSA are allowed to hold US$ stuff.

RBC and ThinkorSwim Canada (which is owned by TD).

Not sure which other Canadian brokerages allow US market stuff inside registered accounts.
K447
 
Posts: 658
Joined: Fri Aug 26, 2011 10:43 am

Re: 02/06/2018 Live Update

Postby Al_Dente » Tue Feb 06, 2018 12:26 pm

Bloomberg is at a loss to explain anything
Guy just on re XIV: know what you own, these things happen
CS guy last hour: deer in the headlights, clueless
Is CNBC audio any better?
Please link thanks
User avatar
Al_Dente
 
Posts: 22374
Joined: Thu Jul 21, 2011 2:29 pm

Re: 02/06/2018 Live Update

Postby Trades with cats » Tue Feb 06, 2018 12:29 pm

Follow up on FOMC's Bullard. His speech this morning was a nothing burger and his comments were essentially what do you expect from an overbought market.
Trades with cats
 
Posts: 7900
Joined: Sat Oct 11, 2014 4:40 pm

Re: 02/06/2018 Live Update

Postby Trades with cats » Tue Feb 06, 2018 12:31 pm

Third whack at 2624 from above in 15 minutes. My software says that is the bottom of the 1 standard deviation zone around the Point of Control today.
Trades with cats
 
Posts: 7900
Joined: Sat Oct 11, 2014 4:40 pm

Re: 02/06/2018 Live Update

Postby JFR » Tue Feb 06, 2018 12:32 pm

Settling down into a range. For now. More fireworks coming? Mostly watching at this point.

Back later ...
Attachments
2018-02-06_0830.png
User avatar
JFR
 
Posts: 2485
Joined: Sun Dec 02, 2012 7:24 pm

Re: 02/06/2018 Live Update

Postby Al_Dente » Tue Feb 06, 2018 12:32 pm

SPX moved from 2680 to 2620 (10 to 10:30 ET)
VIX moved from 22 to 45 (roughly same time frame)
Yeah that’s normal [?]
User avatar
Al_Dente
 
Posts: 22374
Joined: Thu Jul 21, 2011 2:29 pm

Re: 02/06/2018 Live Update

Postby Junior Buffett » Tue Feb 06, 2018 12:38 pm

K447 wrote:
Junior Buffett wrote:can anyone suggest some ETFs for indexes? Canadian thank you

Why Canadian ?

RRSP and TFSA are allowed to hold US$ stuff.

RBC and ThinkorSwim Canada (which is owned by TD).

Not sure which other Canadian brokerages allow US market stuff inside registered accounts.


coz I dont want to deal with currency exchange BS...want to keep it simple..
User avatar
Junior Buffett
 
Posts: 1078
Joined: Mon Apr 15, 2013 4:39 pm

Re: 02/06/2018 Live Update

Postby Al_Dente » Tue Feb 06, 2018 12:59 pm

SVXY resumed trading [It's ProShares not CS]
down -84%
see stockcharts, 1m
User avatar
Al_Dente
 
Posts: 22374
Joined: Thu Jul 21, 2011 2:29 pm

Re: 02/06/2018 Live Update

Postby Cobra » Tue Feb 06, 2018 1:01 pm


Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 43547
Joined: Sat Feb 12, 2011 10:29 pm

Re: 02/06/2018 Live Update

Postby fehro » Tue Feb 06, 2018 1:04 pm

way way too many bears roaming around on equites.. put/call.. 2.75 ? HOD? :shock: :shock: :roll: :lol: :lol:
Attachments
Screen Shot 2018-02-06 at 9.03.16 AM.png
fehro
 
Posts: 22880
Joined: Fri Sep 02, 2011 2:06 pm

Re: 02/06/2018 Live Update

Postby Al_Dente » Tue Feb 06, 2018 1:09 pm

SVXY avg daily volume is roughly 7million shares
Right now it’s at 9 million shares traded, and it’s only been open a few minutes
User avatar
Al_Dente
 
Posts: 22374
Joined: Thu Jul 21, 2011 2:29 pm

Re: 02/06/2018 Live Update

Postby Cobra » Tue Feb 06, 2018 1:12 pm

need exceed mini target to have hopes. not looking good for now.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 43547
Joined: Sat Feb 12, 2011 10:29 pm

Re: 02/06/2018 Live Update

Postby Daniel » Tue Feb 06, 2018 1:23 pm

XRT, EEM, ILF/EWZ, EWG, XHB hod
UUP lod

SMH was an early leader in the broad explosive rebound. Now SMH is again approaching the 100 level--this time from below, as resistance.
Daniel
 
Posts: 3258
Joined: Fri Feb 10, 2012 4:27 pm

Re: 02/06/2018 Live Update

Postby Cobra » Tue Feb 06, 2018 1:39 pm

mini target exceeded, good, but the rebound doesn't look strong so not convincing. maybe another dip?
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 43547
Joined: Sat Feb 12, 2011 10:29 pm

Re: 02/06/2018 Live Update

Postby Cobra » Tue Feb 06, 2018 1:41 pm

good, now I have a dream. blue line.
Attachments
1.png

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
User avatar
Cobra
Site Admin
 
Posts: 43547
Joined: Sat Feb 12, 2011 10:29 pm

PreviousNext

Return to Traders Lounge

Who is online

Users browsing this forum: Google [Bot] and 4 guests